Twin Vee PowerCats Co. Common Stock (VEEE)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I want a durable business with competitive advantages and a margin of safety. Twin Vee PowerCats makes catamarans and V-hull boats for recreational and commercial use, sold through independent dealers. The industry is cyclical and capital-intensive, and the numbers show no moat yet. Revenue in fiscal 2025 was $14.8M versus $14.4M in fiscal 2024, modest growth, but the company still lost $8.6M in fiscal 2025, after losing $11.0M in fiscal 2024 and $7.2M in fiscal 2023. In the latest filed quarter, fiscal Q2 2026 ended 2026-06-30, revenue was $3.1M and net income was -$2.9M, a -92.64% net margin. That is not a business earning its cost of capital; it is consuming it. FairStock's trailing free cash flow is -$8.5M, a -164.7% FCF yield against the $5.2M market cap at the 2026-10-13 close. The balance sheet has D/E of 0.21, so debt is not the main issue, but FairStock's Piotroski F-Score of 1/9 and Altman Z-Score of -2.08 suggest serious financial weakness. FairStock also calculates ROE of -62.58% and ROCE of -27.29%. At the 2026-10-13 close, FairStock's P/B is 0.36, so the market cap is small relative to book value. Graham might glance at book value, but he would demand earnings stability and a margin of safety. Buffett would ask whether the brands have pricing power; the 92% quarterly loss margin says no. Growth is not the problem. Profitability and cash generation are. Until the company can fund itself and earn a profit, the cheap-looking price is a speculation on a turnaround, not a value investment.

In plain English: Twin Vee PowerCats makes recreational and commercial power boats under Twin Vee, Bahama Boat Works, and AquaSport. The business looks weak: it is losing money, burning cash, and has lost money in each of the last four years. The shares closed at $9.01 on 2026-10-13 and look low against the company's reported book value, but the losses mean the low price is not the same as a safe bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer